Major League Baseball’s hot stove boiled over this week, when the New York Mets swooped in to sign one of the few remaining difference makers on the free agent market, shortstop Carlos Correa. The Mets shelled out $315 million for Correa in the 12-year deal, stealing him from San Francisco following a failed physical caused the Giants to balk. This move positioned the Mets among the favorites in MLB World Series Futures odds.
As has been the case all offseason, MLB odds react to each seismic signing. The Mets’ addition of a two-time All-Star propelled them to near the top of most odds boards for both the National League pennant and the World Series.
New York Mets Best Odds in MLB World Series Futures
Here’s a look at the Mets best odds in MLB World Series Futures posted at a variety of sportsbooks.
MLB Futures will no doubt continue to shift, but the New York Mets signing of Correa made perhaps the biggest shakeup of the offseason. New York’s World Series futures odds shortened from +1000 to +750 almost across the board after Correa agreed to the massive 12-year, $315 million deal.
At 28-years-old, Correa remains one of the best players at the shortstop position. A career .279 hitter, Correa hit .291 with 22 home runs, 64 RBI and 70 runs scored in 136 games with a WAR of 5.4 for theMinnesota Twins last season. The former AL Rookie of the Year has knocked 155 homers in his career. He’ll shift over to third base for the Mets, since Francisco Lindor is ensconced at shortstop.
The San Francisco Giants, meanwhile, also saw a dramatic shift in their MLB futures. The Giants went from +3500 to +5000 on most World Series boards, and from +1700 to +2500 to win the NL pennant.
Mets Makings Moves this Offseason
It’s been something of a roller coaster ride this offseason for Mets fans. New York saw its ace, Jacob deGrom, leave in free agency to join the Texas Rangers. The Mets saw their World Series odds fade following the loss of deGrom, but the team quickly pivoted by adding veteran Justin Verlander and several others.
Mets owner Steve Cohen poured money into his franchise this offseason, committing to over $800 million in salary thus far. New York re-signed closer Edwin Diaz, outfielder Brandon Nimmo, and reliever Adam Ottavino. From there, the team supplemented the addition of Verlander to the starting rotation by also adding Jose Quintana and Japanese product Kodai Senga. The Mets also signed catcher Omar Narvaez and reliever David Robertson.
The Mets’ projected payroll ($385 million) stands on track to set a new MLB record. What’s more, Cohen will be on the hook for a staggering $100 million in luxury tax payments.
New York won 101 games last season, but fell to the San Diego Padres in the Wild Card round of the playoffs. Cohen expects the team to win a World Series in the not too distant future. Considering the state of his checkbook, that’s no surprise.